EOS Token ICO

EOS is a new blockchain operating system designed to support commercial-scale decentralized applications. EOS is going to be one of the hottest ICOs on Ethereum network. Even though, Ethereum is just a place for EOS to fund (EOS will have its own blockchain). I expect EOS market cap position to clime in the list because EOS will conduct its crowdsale for the whole year!

Seven hundred million additional EOS Tokens (representing 70% of the total EOS Tokens being distributed) have been split evenly into 350 consecutive 23-hour periods of 2 million tokens each and will be distributed at the close of each period. The remaining 100 million EOS Tokens (representing 10% of the total EOS Tokens being distributed) have been reserved for block.one as founder’s tokens pursuant to the feedback received from the community to ensure that block.one has aligned interests with those participating in the EOS Token distribution. If a blockchain adopting the EOS.IO software is launched, these founder’s tokens will be locked and released over a period of 10 years.

Brendan Blumer, CEO of block.one said:

“We felt an approximately year-long token distribution was the best method to ensure people receive fair market value for EOS Tokens. We anticipate that strong interest will continue throughout the year as the community continues to learn about the EOS.IO software and the benefits it can bring to their business.”